Analysis and Data

About half of the highest-paid CEO's made less financial returns

Pay of half Nigeria’s top-earning CEOs not justified by companies’ performance — Report

In 2019 financial year, only a few top CEOs were able to reflect their increased pay in their companies’ corporate earnings

Buhari and Chinese President

ANALYSIS: What to know about China loans and their implications for Nigeria

China is known for its debt-trap diplomacy and Nigeria has to be careful not to lose valuable natural assets and sovereignty to that country.

Trump and Chinese president [Photo Credit: CNN]

ANALYSIS: Dollar peg critical to Hong Kong

Analysts say escalating U.S.-China tensions could result in the Americans limiting Hong Kong banks’ access to U.S. dollars.

UBA House Marina

Airtel MD at UBA series, urges SMEs to invest in technology, localise supply chain

Speaking at UBA Business Series, Mr Ogunsanya admonishes SMEs to redefine their purposes.

The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria November 9, 2016. REUTERS/Afolabi Sotunde

Nigerian Stock Exchange reviews pension index, introduces new regulations

The Nigerian Stock Exchange introduced the Pension Index and exposed it to the investing public in 2015.

Polaris Bank Managing Director, Tokunbo Abiru

Nigeria’s health sector has massive wealth potential, says Polaris Bank MD, Abiru

The Polaris Bank MD says the coronavirus pandemic offers Nigeria an opportunity to improve its health sector.

Mining site used to illustrate the story.

ANALYSIS: How 12 years of unethical practices stunted growth of Nigeria’s solid minerals sector

This report analyses the 2007-2018 audits of the sector and identifies ways by which the sector can operate optimally.

National Bureau of Statistics (NBS)

In 2019, Lagos, Rivers, FCT, Ogun earned more than other 33 states combined — NBS

Lagos State alone accounted for about N400 billion of this figure. almost one-third of the total internal revenue of all the states and Abuja.

Tony Elumelu

How COVID-19 can reset Africa — UBA’s Tony Elumelu

Mr Elumelu advocates martial plan to boost electricity and ease debt burden just as he wants youths prioritised as SMEs are empowered.

Polaris Bank Managing Director, Tokunbo Abiru

Polaris Bank now transformed for growth — Tokunbo Abiru

Polaris Bank says it is committed to the delivery of industry-defining products, and services, across all the sectors of the Nigerian economy.

Harvesters work on a soybean harvest in the state of Mato Grosso, Brazil. (Pixabay)

Coronavirus: Another chance to transform the global food trade

While the full impact of the pandemic on food security is still unknown, it’s likely to take different shapes around the world.

L- R. Managing Director/Chief Executive Officer, Nnamdi Okonkwo; Chairman, Board of Directors, Ernest Ebi and Independent Non-Executive Director, Otunba Seni Adetu all of Fidelity Bank Plc at the Bank’s 32nd AGM held at the Civic Centre….Thursday

Fidelity bank holds AGM, grosses N6.6bn in Q1 2020

Fidelity Bank begins the 2020 financial year on a positive note with the announcement of its unaudited results for the three months ended March 31, 2020.

Polaris Bank Managing Director, Adetokunbo Abiru

Polaris Bank declares ₦27.8billion profit. for 2019

Polaris Bank describes itself as “a future-determining Bank committed to the delivery of industry-defining products and services.

UBA House Marina

UBA records N32.7bn profit in Quarter 1 2020

UBA recorded a 11.8 percent year-on-year growth in gross earnings to close at N147.2 billion for the three months period.

The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria November 9, 2016. REUTERS/Afolabi Sotunde

NSE: Market capitalisation rises N77bn, amid renewed interest in blue chips

The market capitalisation which opened at N10.905 trillion rose by N77 billion or 0.71 per cent to close at N10.982 trillion.

Nigeria Stock Exchange

NSE resumes April trading with 0.94 per cent loss

The All-Share Index (ASI) dipped199.93 points or 0.94 per cent to close at 21,100.54, compared with 21,300.47 on Tuesday.

ANRP Chairman, Tope Fasua

INTERVIEW: Nigeria heading towards economic depression, not recession – Fasua

“Where is the plan from the Nigerian government? We are not thinking at all. Perhaps, we do not have the intellectual capacity to do that. Everybody is hiding now from coronavirus.”

Nigerian Economy

ANALYSIS: Saving the Soul of the Naira

A proactive measure needs to be enacted with great caution to effectively tame the dwindling force behind the soul of naira.

Paul Alaje

ANALYSIS: COVID-19: The vampire That Sucks Economic Vitality

The reality of COVID-19 is beyond health implications, as economic implications also abound.

President Muhammadu Buhari and Vice President Yemi Osinbajo

ANALYSIS: Nigeria and The Kiss Of Debt (2)

The author suggests how the Nigerian government can fund infrastructure and growth without going deeper into debt.

Selected Africa Countries Debt Profile. [PHOTO CREDIT: Source: IMF dataset, SPMProfessionals]

ANALYSIS: Nigeria and the Kiss of Debt (Part 1)

The total spending on debt servicing is far more than the combined budgets for education, healthcare and water resources within this period of 2015-2019.

Nigeria Stock Exchange

Profit taking: NSE market indicators down by 0.35 per cent

The All-Share Index (ASI) decreased by 101.13 points or 0.35 per cent to close at 28,432.27 against 28,533.40 recorded on Monday.

Mining site used to illustrate the story.

ANALYSIS: Shady practices by registered mining companies cost Nigeria billions of Naira

Six states in Nigeria have been identified as the top destinations for the illegal mining of solid minerals in the country.

Central Bank of Nigeria (CBN)

How Nigerian banks can increase Loan to Deposit Ratio while minimising risk

The loan-to-deposit ratio (LDR) is used to assess a bank’s liquidity by comparing a bank’s total loans to its total deposits for the same period.

INTERVIEW: 60% of NEXIM’s strategic plan is to promote intra-African trade – MD

“Through our bank’s intervention, one of the companies we funded did the first major export of shea butter out of Nigeria in 2018.”